Henry's Tea 88 Inc. Leases Retail Space At 88 Fulton In New York With Landlord Gold Street Properties
88 Fulton Street
$65
$65/SF
Building Size
1,200 SF
Asset Type
Retail
Closing
May 25, 2022
About this deal
AI
The retail property located at 88 Fulton in New York has been leased. The transaction took place on 05/25/2022.
Summary of transaction details
- Property Type: Retail
- Address: 88 Fulton, New York
- Market: New York
- Landlord: Gold Street Properties
- Tenant: Henry's Tea 88 Inc.
- Brokers: Ben Biberaj & Elliot Wygoda - Meridian Capital Group
- Asking Rent: $65/ft.
- Square Footage: 1,200
The leasing deal was brokered by Ben Biberaj and Elliot Wygoda from Meridian Capital Group.
The retail lease at 88 Fulton Street in New York, New York leased for $65 in 2022. The building is 1,200 square feet, implying about 65 per square foot on the published price. Elliot Wygoda, Ravi Idnani, Ariel Schuster, Ben Biberaj appear on the lease alongside Newmark, Meridian Capital Group. This page is the New York, New York file for the 88 Fulton Street retail leased: pricing, party profiles, and other closed retail comps from the same New York sit in the Market section below. Filter that New York retail set by closing date to see what else leased near 88 Fulton Street around 2022. Published consideration for 88 Fulton Street is $65, dated 2022. Cite this Henry's Tea 88 Inc. Leases Retail Space At 88 Fulton In New York With Landlord Gold Street Properties lease when underwriting similar retail product around New York, New York.
Players
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
244046.15%
Cash-on-Cash
-69749.14%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93